A loan of $1,000 helped to repair the roof of his home to avoid problems with leaks.

Hernan's story

HERNAN is a retired 'rentier' (he lived on income made from investments or property). He has been retired for six years. He also helps ex- work colleagues and other people with retirement paperwork and proceedings. He has been doing this for three years and it is how he makes additional income for his household. Hernán is single and doesn't have any children. He lives in his older brother's house and helps him cover electricity and water expenses. He has lived there for a long time. The house is located in Ernesto Torrez neighborhood, in the city of La Paz.

Hernán will use his loan money to refurbish his home, in particular the roof because it leaks. In this way he will improve his own living conditions and those of his brother. This is his first loan and the socio-economic analysis we have performed qualifies him favorably to receive a loan.

Translated from Spanish by Kiva volunteer Linda Oxnard

Loan details

Lenders and lending teams

Loan details